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Banking & Finance
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TruChoice FCU expands leadership team with four promotions
July 29, 2024TruChoice Federal Credit Union has promoted four employees within its leadership team.
July 29, 2024
First National Bank parent reports Q2 earnings uptick, though down from last year
July 26, 2024Damariscotta-based First Bancorp said earnings for the second quarter increased 2.5% and earnings per diluted share were up 2.4%.
July 26, 2024
TD Bank plans another Maine branch closure this summer
Updated: July 26, 2024The closure of the branch, in Bangor, follows the shut-down of two others earlier this month.
Updated: July 26, 2024
Norway Savings Bank names market manager for Brunswick, Topsham
July 25, 2024Norway Savings Bank has promoted Penny Anderson to assistant vice president and market manager for its two branches in Brunswick and Topsham.
July 25, 2024
Q2 earnings for Katahdin Bankshares drop 19% from last year
July 24, 2024Katahdin Bankshares Corp., the Houlton-headquartered parent of Katahdin Trust Co., on Monday reported second-quarter earnings of $2 million or 63 cents per share.
July 24, 2024
Camden National Bank promotes commercial manager to community reinvestment officer
July 24, 2024Kim Vieira has been promoted to the position of Community Reinvestment Act officer.
July 24, 2024
Avesta Housing CEO named to Federal Reserve Bank of Boston advisory group
Updated: July 24, 2024Rebecca Hatfield, president and CEO of Portland-based Avesta Housing, has been appointed to a three-year term on the New England Community Development Advisory Council of the Boston Fed.
Updated: July 24, 2024
Genesis Fund aims to help developers get access to MaineHousing funding
Updated: July 22, 2024So far, Genesis has responded to over 100 Maine developers and communities interested in learning about the affordable housing development process and funding opportunities.
Updated: July 22, 2024
Boston Fed chief tells Mainebiz: Data will dictate the rate-cut timing
Updated: July 22, 2024Susan M. Collins talked with Mainebiz as she wrapped up a visit to Biddeford, Bangor and Millinocket for meetings with business leaders and local companies.
Updated: July 22, 2024
Global tech outage early Friday causes some disruptions in Maine
July 19, 2024There were delays and cancellations at Portland International Airport and Bangor International Airport. Other disruptions across the state were spotty.
July 19, 2024
Contestants sought for 2024 LaunchPad business pitch face-off
Updated: July 19, 2024Five finalists will be selected to compete for a $50,000 grant at a live event on Oct. 22 in Portland.
Updated: July 19, 2024-
Katahdin Trust launches bonus program to retain employees
July 17, 2024Katahdin Bankshares Corp., the Houlton-based parent company of Katahdin Trust Co., is taking a proactive approach employee retention, offering up to $6,000 in bonuses for employees that stay put.
July 17, 2024 
University Credit Union adds community engagement manager to its team
July 15, 2024Orono-based University Credit Union has hired Lauren Cornelio to its team of community engagement managers.
July 15, 2024
$61M investor fund will finance 5 Maine affordable housing projects
Updated: July 15, 2024Affordable housing projects are planned for Bath, Belfast, Bangor, Augusta and Lewiston, offering a total of 222 units.
Updated: July 15, 2024
Bar Harbor Bank & Trust hires branch relationship manager for its Bangor locations
July 12, 2024Bar Harbor Bank & Trust has hired Zackary Haynes as branch relationship manager for the bank’s locations on Union Street and Stillwater Avenue in Bangor.
July 12, 2024
Atlantic Federal Credit Union names manager for its Sanford branch
July 9, 2024Atlantic FCU, Maine's largest credit union, has hired Ashlee Goodwin as the new branch manager of its Sanford location at 1516 Main St.
July 9, 2024
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